Tag : News

Are Some Banks on Wrong Side of History on Cryptocurrencies?
Banking Economy Featured

Are Some Banks on Wrong Side of History on Cryptocurrencies?

Sudipto Ghosh
Banks and other financial institutions who still refuse to recognize major cryptocurrencies, such as Bitcoin, as a legitimate asset class are putting themselves on the wrong side of history, says the CEO of one of the world’s largest independent financial advisory and fintech organizations. Read More: Global Fintech Interview with Michael......
Embedded Finance Explored: How Financial Institutions Can Navigate New Territory Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19 How Retailers Can Expand Internationally, Whilst Protecting Themselves and Customers From Fraud
Banking Economy Featured News

Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19

FTS News Desk
Chinese banking giants are ahead of their counterparts in the US and Europe. The banking industry was always looking for a solid reason to build an automated crisis-proof infrastructure to adapt to an agile way of operations. The COVID-19 pandemic has changed that notion irreversibly forcing all major banks to......
DailyPay Raises $500 Million to Boost On-demand Pay Solutions Market
Featured FinTech Startups

DailyPay Raises $500 Million to Boost On-demand Pay Solutions Market

Sudipto Ghosh
B2B Fintech company DailyPay has announced it has secured $500 million of capital. DailyPay is a leader in on-demand pay solutions for enterprises. DailyPay secured a $175 million Series D equity round led by Carrick Capital Partners with participation from existing investors. In addition, the company also raised $325 million......
JD Power Reports Big 5 Canadian Banks Losing Traction in Customer Satisfaction
Banking Featured News

JD Power Reports Big 5 Canadian Banks Losing Traction in Customer Satisfaction

Sudipto Ghosh
According to JD Power’s latest report, the overall satisfaction among bank customers in Canada declined year over year, especially among customers of Big 5 banks. The findings have been published in the J.D. Power 2021 Canada Retail Banking Satisfaction Study. Compared to the midsize banks, the overall satisfaction of 787......
BNP Paribas Launches Local Bank Operations in Mexico
Banking Markets News

BNP Paribas Launches Local Bank Operations in Mexico

FTS News Desk
BNP Paribas, a leading international bank, announced the launch of operations as a local bank in the Mexican market. Currently, BNP Paribas has a strong presence in Mexico through different operating divisions, and today their companies employ over 900 people in the country. BNP Paribas started operations in Mexico in......
Canadian InvesTech Firm Wealthsimple Raises $750 Million
Digital Payments Fintech Primers

Canadian InvesTech Firm Wealthsimple Raises $750 Million

Sudipto Ghosh
Meet Wealthsimple, a fintech company backed by Drake and a dozen other investors. What started as a four-person company has announced its latest funding round with the vision to become Canada’s most valuable financial technology company. Read Also: Fintech Primer: What is Contactless Payment? Wealthsimple’s CEO announced his company’s $750 million......
IBM Officially Dives into Fintech with Cloud for Financial Services
Big Data Cloud Featured

IBM Officially Dives into Fintech with Cloud for Financial Services

Sudipto Ghosh
One of the world’s oldest and biggest technology companies, IBM has officially launched its latest offering – IBM Cloud for Financial Services. SAP has also joined the ecosystem of more than 90 partners and FinTechs serving financial institutions worldwide. BNP Paribas became the first to onboard workloads to IBM Cloud......
Aviva Singlife Reinforces Merger with Appointment of Kim Rosenkilde as Group Chief Investment Officer
Investments News

Aviva Singlife Reinforces Merger with Appointment of Kim Rosenkilde as Group Chief Investment Officer

FTS News Desk
Aviva Singlife Holdings Pte. Ltd (“Aviva Singlife Holdings”), the holding company established following the merger of Aviva Ltd. (“Aviva Singapore”) and Singapore Life Pte. Ltd. (“Singlife”), has appointed Kim Rosenkilde as Group Chief Investment Officer with effect from 8 April 2021. An industry veteran with over 30 years in financial......
MediaForce Announces Partnership with Leading Accounts Payable Software Provider FastPay
B2B News

MediaForce Announces Partnership with Leading Accounts Payable Software Provider FastPay

FTS News Desk
A new year means new budgets, new goals, and new projects! Unfortunately, a new year doesn’t get rid of last year’s headaches. Agencies nationwide continue to realign their workflows and priorities for remote work while juggling lengthening payment terms and cashflow management, with no end in sight. Global FinTech Company Finder......
B2B Big Data News

Network International appoints Hany Fekry as Regional President – Northern and Sub-Saharan Africa

FTS News Desk
Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), has announced the appointment of Egyptian national Hany Fekry as Regional President – Northern and Sub-Saharan Africa. In his new role, Hany will be responsible for all aspects of Network’s acquiring and issuing business in......